FSBO
FSBO - For Sale
$999,000
For Sale by Owner
Listed 2 months ago
Land for Sale in San Diego, CA
5205 Tipton St Unit 103, Unit 103, San Diego, CA 92115
PropSlick Verified Data
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$2,677
Property Tax / yr
San Diego
County
Key Facts
Property TypeLand
Annual Property Tax$2,677
Property Description
Permits ready to issue on an approved 2-unit project in the heart of SDSU's rental corridor - plans are approved and entitlements are in hand, zoned RS-1-7 within the SDA, TPA, and College Community Plan. No entitlement risk, no waiting; approved plans convert the existing SFR into a 5BD/3BA ADU and 6BD/2.5BA SFD totaling 3,048 SF across two large-format units purpose-built for the student rental market. Once stabilized, the project is projected to generate $15,050/month in gross rental income. Phase 2 presents a clear path to adding a 3rd unit by-right in the rear, unlocking additional density and income upside beyond what's already approved. Plans in documents Tab.
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Property Location
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